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Director Model Risk Governance Jobs in Alabama (NOW HIRING)

Deckers

... risk posture, and compliance obligations * Establish and operate governance structures that support ... models, data quality management, and tooling enablement * Strong knowledge of data governance ...

PNC Bank

LOB Risk Manager II

Birmingham, AL

Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ... Governance, Regulatory Environment - Financial Services Work Experience Roles at this level ...

Synovus

Counterparty Credit Risk Manager

Birmingham, AL · On-site +1

Executes ERM programs including variable compensation, policy management & governance, and other programs as directed. * Responsible for assessing and monitoring risk exposure, as well as assisting ...

Synovus

Program Manager

Montgomery, AL · On-site +1

Liaison with Governance and Advisory team for self-identified issue reporting and when procedures ... Model Risk Management to ensure developed models are rated appropriately. Manages internal and ...

Pwc

Data Strategy & Governance -Director

Birmingham, AL · On-site

$155K - $410K/yr

... and AI/ML models - Supporting business development efforts Travel Requirements Up to 80% Job ... At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship ...

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Director Model Risk Governance information

What are the key skills and qualifications needed to thrive as a Director of Model Risk Governance, and why are they important?

To thrive as a Director of Model Risk Governance, you need deep expertise in quantitative finance, risk management, and model validation, often backed by an advanced degree in a quantitative field and relevant industry experience. Familiarity with risk management frameworks, regulatory standards (e.g., SR 11-7), and proficiency in analytical tools like Python, R, or SAS are typically required. Exceptional leadership, communication, and critical thinking skills help you effectively oversee teams and coordinate with stakeholders across the organization. These competencies are vital to ensure robust model governance, regulatory compliance, and informed risk-based decision-making at the enterprise level.

What are some common challenges faced by a Director of Model Risk Governance, and how can they be addressed?

A Director of Model Risk Governance often encounters challenges such as ensuring consistent model validation across diverse business units, keeping up with evolving regulatory requirements, and fostering effective communication between model owners, validators, and senior management. Addressing these challenges typically involves establishing robust model risk frameworks, maintaining clear documentation, and promoting a culture of transparency and collaboration. Regular training sessions and open forums can help bridge knowledge gaps, while leveraging technology can streamline model inventory and validation processes.

What are Director Model Risk Governance roles?

Director Model Risk Governance roles are senior positions responsible for overseeing and managing the risks associated with financial and predictive models within an organization. These professionals establish and implement model risk management frameworks, ensure compliance with regulatory requirements, and oversee model validation processes. They collaborate with model developers, validators, and business units to identify, assess, and mitigate model risks, as well as report on governance effectiveness to senior management. Their work is crucial in maintaining the reliability and integrity of models used for decision-making and regulatory reporting.

What is the difference between Director Model Risk Governance vs Model Risk Analyst?

AspectDirector Model Risk GovernanceModel Risk Analyst
CredentialsAdvanced degrees (e.g., Master’s, PhD), professional certifications (e.g., FRM, CFA)Bachelor’s or Master’s degree, relevant certifications
Work EnvironmentStrategic oversight, policy development, senior stakeholder engagementData analysis, model validation, risk assessment
Employer & Industry UsageFinancial institutions, banks, asset managersFinancial institutions, risk management teams
Search & Comparison IntentUnderstanding leadership roles in model risk governanceEntry to mid-level model risk roles, analysis tasks

The main difference is that the Director Model Risk Governance focuses on strategic oversight, policy setting, and managing model risk at a senior level, while the Model Risk Analyst handles technical validation, data analysis, and risk assessment tasks. The director role involves leadership and decision-making, whereas the analyst role is more technical and operational.

What are popular job titles related to Director Model Risk Governance jobs in Alabama? For Director Model Risk Governance jobs in Alabama, the most frequently searched job titles are:
What job categories do people searching Director Model Risk Governance jobs in Alabama look for? The top searched job categories for Director Model Risk Governance jobs in Alabama are:
What cities in Alabama are hiring for Director Model Risk Governance jobs? Cities in Alabama with the most Director Model Risk Governance job openings:
Director Model Risk Governance jobs near you
Enterprise Risk Governance Analyst

Enterprise Risk Governance Analyst

Regions Financial Corporation

Birmingham, AL • On-site

$69.01K - $92.61K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago

Regions Bank rating

8.0

Company rating: 8.0 out of 10

Based on 152 frontline employees who took The Breakroom Quiz

56th of 141 rated banks

Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Enterprise Risk Governance Analyst participates in the deployment of a comprehensive risk management approach to ensure risks are identified, measured, mitigated, monitored, and reported in alignment with the Risk Management Framework, the Board of Directors' Risk Appetite Statement, and regulatory expectations. This position will directly assist Business and Risk Management partners in the execution of risk programs.
Primary Responsibilities
  • Assists in leading the development and implementation of internal risk and control structures to ensure objectivity and consistency of risk assessment, management, and reporting across the organization, and provides critical challenge as to the appropriateness of existing risk and control structures
  • Assists in coordinating the compilation, data aggregation, and updating of enterprise-level financial and/or non-financial risk metrics
  • Assists in the creation and routine reporting of metrics that measure key risk and performance areas
  • Analyzes risk data and/or prepares risk assessments, including maintenance of supporting workpapers
  • Performs quality assurance and quality control procedures to the ensure proper execution and adherence to enterprise risk programs
  • Collaborates on occasions with business partners, technology teams, and other specialized risk management teams to understand functional requirements, streamline processes, and optimize risk program deployment
  • Coordinates some projects, including change management, design, implementation, communication/reporting, and relationship management
  • Creates presentations, job aids, training materials, and reporting tools through SharePoint, PowerBI, and enterprise Governance, Risk, Compliance (GRC) Archer tools/reporting
  • Coordinates the setting of meeting agendas and the development of materials, including drafting minutes for various risk committees
  • Offers advice and guidance to junior analysts

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
  • Bachelor's degree in Risk Management or a business-related field
  • Three (3) years of experience in risk management, public accounting, or the financial industry
  • Working knowledge of enterprise risk and operational risk management frameworks, principles, and practices

Preferences
  • Working knowledge of databases, data structures, bank financial reporting, and bank regulations
  • Proficiency with Archer, Microsoft Power BI, and/or Tableau
  • Experience in process improvement, process optimization, and solution development and implementation
  • Experience drafting executive and board risk reports, under supervision

Skills and Competencies
  • Ability to research, analyze data, and derive facts
  • Ability to work under moderate supervision
  • Ability to work under pressure and meet deadlines
  • Strong proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
  • Strong project management and change management skills
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

Position Type
Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$69,012.35 USD
Median:
$92,610.00 USD
Incentive Pay Plans:
This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
  • Paid Vacation/Sick Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details
Regions Center
Location:
Birmingham, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

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